NEW YORK (MarketWatch) -- UAL Corp. (UAUA:
ual corp com new
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Last: 8.97-3.33-27.07%
11:27am 09/08/2008
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UAUA 8.97, -3.33, -27.1%) shares were halted Monday following rumors that the airline holding company was filing for bankruptcy, a rumor UAL said was completely untrue. An old news item on United Airlines seeking bankruptcy inadvertently resurfaced on a Web site, triggering a sell-off that wiped out 99% of the company's share price, CNBC reported. Shares of UAL last traded at a penny a share, down 99.9%